A PYMNTS Company

Hong Kong: Competition, Communications watchdogs outline new regulatory plans

 |  October 9, 2014

Hong Kong’s Competition Commission and Communications Authority have reportedly released proposed guidelines on how the agencies will interpret the city’s new competition laws.

According to reports, the regulators have proposed the guidelines as Hong Kong prepares to implement its new Competition Ordinance. Exact details of how the regulators will interpret the new laws were not immediately available.

The new competition rules come as historic protests continue within Hong Kong, launched by pro-democracy advocates. Some analysts believe that protestors should call for a stricter competition law to promote fair competition in the market.

Full content: The Standard

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.